Five reasons why young people need wills

Making a will is something everyone over 18 should do but many people don’t get around to it

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Don’t leave anything to chance

Remember when your parents used to say that you were growing up too fast? And you thought, it’s not fast enough!

The thing about growing up is that before you know it, you get swamped with mortgages, insurances, paying taxes, superannuation and wedding planning.

At State Trustees, we’ve made it easy to take care of one of the most important things you’ll ever have: your legacy.

What’s your legacy?

In simple terms it is the story of your life and the lasting impression you might leave. Writing a will is your final message and allows you to have a say in how your affairs are managed when the time comes. It’s not always about the money and you might not want to think about it right now, but it’s part of getting older and worth sorting out. Eventually, you’ll be glad you did.

Here are five reasons to get a will today:

1. You are travelling.

It is a sad truth that each year almost 1000 Australians die whilst travelling overseas*, usually through an accident or from illness. Don’t become a statistic, get things sorted by writing a will and preparing your powers of attorney as part of your travel preparations.

2. You are a member of the military.

Military service can be high risk especially during active service. Anyone of entering the military should make a will and prepare powers of attorney documents.

3. You have an inheritance.

If you have just received an inheritance, then you should have a will that details how to deal with the inheritance after your death.

4. You own an animal.

It is not uncommon for people to include plans for their pets in their wills. If the unthinkable were to happen and you died unexpectedly, what would happen to your beloved pet?

5. You are active on social media.

Without instructions from you in your will, your family and/or friends won’t know what to do with any photos or documents stored on your social media account or how to manage your social media account in the event of your death.

You don’t want to be a statistic, right? Making a will is something everyone over 18 should do but many people don’t get around to it. Most Australians under 50 don’t have a will. Buck the trend, write a will and update it whenever you experience a major life change like starting a family, buying a home or getting married.

We’re here to help. Call Us 03 9667 6444 Outside Melbourne Call 1300 138 672The material on this website is provided for general information.
The content does not constitute legal advice or recommendations and should not be relied upon as such.
Will and Power of Attorney kits are only designed for use in the state or territory specified in their title.
All other State Trustees products and services are only designed for use in Victoria.